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Brooklyn / Bushwick (East) / 11221

871 BUSHWICK AVENUE

Recorded on the Digital Tax Map as THE 871 BUSHWICK AVENUE CONDOMINIUM.

Boro3
Block3274
Lot7501
BBL3032747501
Class RI
Residential units
110
Units in total
112
Storeys
6
Year built
1954
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 24,965 SQ FT6
Drawn from PLUTO: 6 storeys, 135,121 sq ft of building on 24,965 sq ft of lot, an average floor plate covering 90% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
24,965 sq ft
Building area
135,121 sq ft
Residential area
58,268 sq ft
Commercial area
76,853 sq ft
Office area
68,400 sq ft
Retail area
-
Buildings on the lot
3
Built floor area ratio
5.41
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$281,700
Assessed total value
$10,181,250
Exempt value
$0
Assessed per residential unit
$92,557

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RI
Neighbourhood
Bushwick (East)
ZIP code
11221
Community district
Brooklyn 4
Council district
34
Coordinates
40.694142, -73.924848

The Department of Finance building classification list does not publish a description for code RI. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Bushwick (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
340 EVERGREEN AVENUED116820190-
8 PALMETTO STREETRM11520200-
87 PALMETTO STREETD111519800-
1325 BROADWAYD710720230-
43 GOODWIN PLACED110019911-
297 WILSON AVENUED19619960-
1103 GATES AVENUEC18319281-
1255 GATES AVENUED18320080-
269 CENTRAL AVENUEC17219820-
335 IRVING AVENUERR7019630-
93 LINDEN STREETD16820191-
575 CENTRAL AVENUED96720060-

Every building on file in Bushwick (East)